Introduction to Economics 1 Deneme Sınavı Sorusu #1369772

What is the conversion of resources which are called inputs or factors of production into new goods and services called outputs over a period of time called?


Production process

Functional training

Entrepreneurial progress

Skillful extraction

Creative destruction


Yanıt Açıklaması:

The production process converts resources which are called inputs or factors of production into new goods and services called outputs over a period of time.

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